105. Making a $187,000 TFSA Contribution

The Canadian Money Roadmap

Making a $187,000 TFSA Contribution

November 01, 2023

Evan Neufeld, CFP®

In this episode, I walk through a real case study from clients of mine where I’m helping them prepare to make a $187,000 TFSA contribution.

I use this real life example to explain some of the key TFSA concepts:

- Contribution room
- What happens when a spouse dies?
- Making a withdrawal
- Over-contribution penalties
- Re-contribution of withdrawals

While this situation is unique to the client, the steps taken along the way might be relevant for you and someone you know.

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106. The Money Topics You Need To Know

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104. Maximizing Your Canada Pension Plan (CPP) Benefits with Jason Yee